Diageo (LON:DGE) Insider Purchases £6,548.58 in Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 362 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of GBX 1,809 per share, for a total transaction of £6,548.58.

John Alexander Manzoni also recently made the following trade(s):

• On Friday, July 10th, John Alexander Manzoni acquired 436 shares of Diageo stock. The shares were purchased at an average cost of GBX 1,503 per share, with a total value of £6,553.08.
• On Wednesday, June 10th, John Alexander Manzoni bought 441 shares of Diageo stock. The stock was purchased at an average cost of GBX 1,488 per share, with a total value of £6,562.08.

Diageo Stock Performance

Shares of DGE opened at GBX 1,752 on Friday. The firm has a market cap of £38.96 billion, a PE ratio of 16.19, a PEG ratio of 1.75 and a beta of 0.31. The stock’s fifty day moving average price is GBX 1,576.06 and its two-hundred day moving average price is GBX 1,561.92. The company has a debt-to-equity ratio of 197.88, a current ratio of 1.60 and a quick ratio of 0.62. Diageo plc has a 1 year low of GBX 1,295.50 and a 1 year high of GBX 2,142.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,000 price objective on shares of Diageo in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,700 price target on shares of Diageo in a research report on Friday, August 7th. Jefferies Financial Group upped their price target on shares of Diageo from GBX 2,000 to GBX 2,200 and gave the company a “buy” rating in a research note on Monday. Berenberg Bank restated a “buy” rating and set a GBX 2,223 price target on shares of Diageo in a research note on Friday, August 7th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 1,600 price objective on shares of Diageo in a report on Tuesday, May 5th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 2,029.

Diageo Company Profile

Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry.

With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we’re building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we’re a truly global company. With such diversity, we’re able to truly represent our broad consumer base and think differently about the future.

To maintain our position as leaders in the alcoholic beverage market, we always invest in the future and are mindful of the impact we have.